Description
BSE announces listing of 500 Commercial Papers issued by Navi Finserv Limited on private placement basis, effective October 29, 2025.
Summary
BSE has listed and admitted to trading 500 Commercial Papers issued by Navi Finserv Limited on private placement basis, effective October 29, 2025. The instruments are denominated at Rs. 5,00,000 each with a 3-month tenure and CARE A1+ credit rating.
Key Points
- 500 Commercial Papers issued on private placement basis
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,88,187 per unit
- Scrip Code: 730448
- Scrip ID: NFL281025
- ISIN: INE342T14EU1
- Credit Rating: CARE A1+
- Market lot: 1 unit
- Tick size: 1 paise
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE342T14EU1
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment
Important Dates
- Date of Allotment: October 28, 2025
- Listing Date: October 29, 2025
- Redemption Date: January 28, 2026
- Tenure: 92 days (approximately 3 months)
Impact Assessment
Minimal market impact. This is a routine commercial paper listing in the debt segment. The instruments provide short-term funding to Navi Finserv Limited and offer investment opportunities for institutional investors. Trading members requiring clarification can contact BSE debt department at specified phone numbers (22728352/8597/8995/5753/8915).
Impact Justification
Routine commercial paper listing announcement with standard terms, limited market-wide impact